Uttar Pradesh Chief Minister Yogi Adityanath pledged financial support for individuals seeking treatment for serious illnesses at top hospitals. During a ‘Janata Darshan’ program in Gorakhpur, he assured citizens that the government would cover medical expenses, emphasizing the swift resolution of public grievances and the provision of Ayushman cards to those in need.
Posts tagged All News
Macfos Limited- A niche E-commerce Company (11-11-2024)
Yes, trade receivable has gone up. We need to examine this aspect.
They have two verticals- B2B and B2C. In B2C business, receivable must not be very high, but it can be substantial in B2B part. Looking at TTM sale figure of around 210 crores, 60 crores receivable is not very high though substantial. As an investors, we will certainly prefer a better working capital cycle.
Margin appears to be a tad lower as compared to last year results, may be B2B business has contributed more.
Still, looks like a great number. This year they can very well generate a net profit of around 25 crores.
Sebi asks QSBs to offer UPI mechanism, 3-in-1 facility to investors from Feb 1 (11-11-2024)
Markets regulator Sebi on Monday asked qualified stock brokers to offer either the facility of trading in the secondary market using the UPI-based block mechanism to their clients similar to the ASBA facility or a three-in-one trading account facility from February 1. These qualified stock brokers brokers (QSBs) must offer one of these two options, in addition to the current mode of trading.
Solex Energy – Undervalued Solar PV Manufacturer or Microcap Value Trap? (11-11-2024)
If things comes out as planned, (ie 4GW by end of first quarter next year), FY 26 top line can be 3X or 4X, not double. Lets see how the fund raising process goes on.
Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1 (11-11-2024)
The UPI-based block mechanism provides enhanced security by ensuring transactions from the bank account
Rupee may depreciate 8-10% during Trump 2.0, says SBI report (11-11-2024)
The rupee may depreciate 8-10 per cent against the US dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday. The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India’s and Global Economy, emphasised that the rupee can have a brief spell of depreciation against the US dollar, followed by appreciation.
Rajeesh’s Portfolio (11-11-2024)
Same Case Today too. Bought,
2 Shares of Tata motors
1 Share Dr Reddy’s
I kind of know that Tata motors is going to go down further but no one knows how much and I pretty much see value in it at this rate. So With conviction I’m placing my bet on Tata motors. This makes my tally to 75!!!
I am also very very bullish on rupee devaluation and Dr Reddy’s being Export driven company gets more Earnings on Dollar. And Indian Inflation is as per Govt. is 5.81% but overall actual inflation is more than 12% and Medical Inflation is so elastic which makes Dr Reddy’s very highly valuable in India as well. And I dont know how people are neglecting it. For a 1 lakh crore Mcap company, Its growing at a breaking neck speed.
This is the Basic EPS of Dr.Reddy’s (Latest in first). I feel it being Very Very attractive, Its oversold, historically PE is near lowest!!!
Closely watching Musk’s actions on Starlink introduction in India based on which I will take a call on Indus Towers and Bharti Airtel. But bit confused as Birla is thinking of infusing fresh capital into Vodafone Idea, which is like an indicator on Telecom market is here to stay and I dont want to jump the gun.
And I’m excited to get 100 more shares of NMDC from my Naked Trader Satellite portfolio!! Taken by Bit of a surprise
Insecticides India Q2 Results: Profit rises 16% to Rs 61 crore, revenue declines 10% (11-11-2024)
Insecticides (India) reported a 10% decline in Q2FY25 revenue to Rs 627 crore due to delayed insecticide spraying by farmers. However, net profit rose 16% to Rs 61 crore. The company launched a new 9(3) herbicide, Torry Super, and expects a promising Rabi season.